Cypress and SK hynix system ic form joint venture for NAND flash business

Cypress Semiconductor Corp. entered into a joint venture with SK hynix system ic, Inc. to manufacture and sell Cypress' SLC NAND products. The joint venture will be 60% owned by SK hynix system ic and 40% by Cypress, based in Hong Kong, and is expected to launch in Q1 2019.

“This joint venture provides a path to a continued and stable supply to customers longer term.”storagenewsletter.com

• 1 source
• storagenewsletter.comCypress in Joint Venture (40%/60%) With SK hynix system ic in Hong Kong for NAND Flash Business - StorageNewsletterOct 29, 2018

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